Glenbrook Property Limited acquired part of its development site at Whitehall Riverside, Leeds from Town Centre Securities PLC (LSE:TOWN) for £13 million on April 12, 2023. The proceeds from the sale will be used to repay bank borrowings with the balance retained for working capital purposes, to bring forward further development on the remainder of the site and to fund further opportunistic investments. Jamie Richards and Lauren Kettle of Liberum Capital Limited and Carl Gough and Henry Nicholls of Peel Hunt LLP acted as advisors to Town Centre Securities.

Glenbrook Property Limited completed the acquisition of part of its development site at Whitehall Riverside, Leeds from Town Centre Securities PLC (LSE:TOWN) on April 12, 2023.